Solana Dominates Blockchain Gaming, Eyes $200 Price Surge

Solana, a leading Layer 1 blockchain network, is set to redefine the gaming experience by capitalizing on the half-trillion-dollar gaming industry. By introducing games with immersive gameplay, it allows players to earn digital assets while playing their favorite games.

According to the from DefiLlama, Solana already dominates the DEX trading volume across all blockchain networks and ranks second in total value locked (TVL). If Solana successfully dominates the blockchain gaming sector, the SOL token might soon break above the $200 price level and potentially achieve a new all-time high.

The top games available in the blockchain include Seekers of Tokane, a free-to-play game that allows players to explore, battle, collect, and trade creatures; Photo Finish, a game wherein players can collect and breed virtual horses; Star Atlas, an MMORPG space explorer; SolForge Fusion, in which the players contest against each other using algorithmically generated decks; Genopets, a game which allows players to remain fit while playing; and Paravox, a 3v3 shooter game.

Further, the blockchain has other prominent games like Mix Mob, a trading cars competitive racing game; Nyan Heroes, a third-person team-based hero shooter; The Backwoods, a slash-and-shoot game; BR Infinite, a ‘Real Money Shooter;’ Portals, a metaverse-based game and finally Parallel Colony, a strategy game which is currently under development.

According to CoinMarketCap , SOL is trading at $185.33 at the time of writing, down 1.50% in the past 24 hours and 29.79% from its all-time high of $263.83, witnessed around a month ago. Further, Solana’s growing dominance across the meme coin and DEX sector, in addition to its potential in the gaming sector, could easily push SOL to a new ATH.

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However, the Relative Strength Index (RSI) for SOL reads a value of 37.68, which means that the bears are overall in control of the digital asset’s price action, and the gradient of the line suggests that lower prices could be possible in the near future.